News

Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc., which operates Bitfinex and owns Tether Ltd. USDT dropped as low as $0.975 against the US Dollar while the other top three stablecoins—USDC, TUSD, and PAX—enjoyed an approximately 6.5 percent premium. Tether […]

On Apr. 26th, Washington State Governor Jay Inslee signed SB 5638—an act “recognizing the validity of distributed ledger technology”—into law. The Act encourages the development of blockchain, recognizes its use in commerce and digital signatures, and amends legislation to provide definitions for the technology. The original purpose of the Washington Electronic Authentication Act was to […]

Jaguar Land Rover is testing a “smart wallet” using IOTA; If launched, vehicle owners would be rewarded for sharing driving data and could “pay for tolls, parking, and charging for electric cars” using the cryptocurrency, according to Reuters on Apr. 28th. IOTA is a distributed ledger that, unlike Bitcoin which leverages a blockchain data structure, uses a directed […]

The Zcoin team discovered a vulnerability in the cryptography of the Zerocoin protocol that allows an attacker to forge zero-knowledge proofs and create coins out of thin air. Coins using the protocol such as Veil are vulnerable to attack until Zerocoin is disabled. Although the exposed flaw is fixable, the Zcoin team does not plan to allocate resources […]

Litecoin (LTC), one of the earliest Bitcoin forks, is only 100 days away from a block reward reduction event that plans to make it harder for the tokens to be mined—which could make the circulating supply of LTC more valuable. The Halving Event Much like bitcoin, from time to time Litecoin goes through a fixed […]

Crypto exchange Wirex listed Stellar Lumens (XLM), making it the ninth cryptocurrency to be integrated on the trading platform. In the Apr. 24th announcement, the exchange revealed the listing was part of a broader partnership with Stellar. Big Plans for Stellar Partnership However, the release of a secure Wirex #XLM account is just the FIRST […]

According to the New York Times journalist Nathaniel Popper, eTrade, a US-based major financial assets and stocks exchange, is preparing to integrate bitcoin and ethereum for 5 million users. “In the wake of TD Ameritrade quietly opening Bitcoin trading for some of its customers, I was just told that eTrade is preparing to begin offering […]

Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a court order against iFinex Inc., which operates Bitfinex and owns Tether Ltd., ordering them to cease further dissipation of the US dollar assets which back the USDT stablecoin. A $850 Million Cover Up […]

As excitement starts to once again build in bitcoin, it is important to consider why it may underperform as an investment. Warren Buffett, one of the planet’s most influential investors, has an aversion towards both BTC and gold. And, his reasoning may have some merit. Warren Buffett’s Thesis on Investing Warren Buffett invests in productive […]

Within the last 30-days, bitcoin has gained 29 percent and the crypto markets overall have appreciated 22.5 percent. In contrast, XRP underperformed with losses of 7 percent while Ripple and its CTO David Schwartz have continued to sell-off their holdings. BTC/XRP—Relative Market Analysis On Apr. 1st, bitcoin experienced a spectacular rally that brought its price […]